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World Liberty sells 4,870 ETH for $10.61M amid legal scrutiny and market pressure.

Market News
17 May 2026
Coinpaper
View Source
Bearish
pluang ai news

World Liberty Financial, linked to Donald Trump, sold 4,870 ETH for about $10.61 million in USDC, reflecting ongoing treasury management amid legal and market challenges. The sale occurred as Ethereum prices hovered near $2,185, pressured by ETF outflows and cautious market sentiment. The project faces legal scrutiny over governance, investor rights, and a $75 million loan collateralized by its tokens. Market watchers are also monitoring Ethereum's price support around $2,150 amid significant ETF outflows, signaling cautious institutional sentiment.

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